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Chemical Recycling of Plastics Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2032

  • Report

  • 255 Pages
  • July 2025
  • Region: Global
  • Infinium Global Research
  • ID: 6138308
UP TO OFF until Aug 31st 2026
The report on the global chemical recycling of plastics market provides qualitative and quantitative analysis for the period from 2022-2032. The global chemical recycling of plastics market was valued at USD 14.23 billion in 2023 and is expected to reach USD 22.45 billion in 2032, with a CAGR of 5.60% during the forecast period 2024-2032. The study on chemical recycling of plastics market covers the analysis of the leading geographies such as North America, Europe, Asia Pacific, and RoW for the period of 2022-2032.

The report on chemical recycling of plastics market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global chemical recycling of plastics market over the period of 2022-2032. Moreover, the report is a collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global chemical recycling of plastics market over the period of 2022-2032. Furthermore, the growth matrix given in the report brings an insight into the investment areas that existing or new market players can consider.

Report Findings

1) Drivers

  • The growing plastic waste crisis and environmental concerns are driving the growth of the market.
  • The increasing environmental regulations and circular economy initiatives are stimulating the growth of the market.

2) Restraints

  • The high capital investment and operating costs can impede the growth of the market.

3) Opportunities

  • The expansion in emerging economies offers significant growth opportunities for the market.
  • The circular economy integration offers growth opportunities for the market.

Research Methodology

A) Primary Research

The primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached include
1. Key Opinion Leaders
2. Internal and External subject matter experts
3. Professionals and participants from the industry

The primary research respondents typically include

1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.

B) Secondary Research

Secondary research involves extensive exploring through the secondary sources of information available in both the public domain and paid sources. Each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.

The secondary sources of the data typically include

1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered

The global chemical recycling of plastics market is segmented on the basis of type, product, and end-use.

The Global Chemical Recycling of Plastics Market by Type

  • Depolymerization
  • Dissolution
  • Conversion

The Global Chemical Recycling of Plastics Market by Product

  • Polyethylene (PE)
  • Polyethylene Terephthalate (PET)
  • Polypropylene (PP)
  • Polyvinyl Chloride (PVC)
  • Polystyrene (PS)
  • Others

The Global Chemical Recycling of Plastics Market by End-use

  • Packaging
  • Automotive
  • Building & Construction
  • Electrical & Electronics
  • Textiles
  • Others

Company Profiles

The companies covered in the report include

  • BASF SE
  • Agilyx
  • Ineos Group Limited
  • MAIRE S.p.A.
  • JEPLAN, INC.
  • Eastman Chemical Company
  • SABIC
  • LyondellBasell Industries Holdings B.V.
  • DeepTech Recycling Ltd
  • Chevron Phillips Chemical Company LLC.

What does this report deliver?

1. Comprehensive analysis of the global as well as regional markets of the chemical recycling of plastics market.
2. Complete coverage of all the segments in the chemical recycling of plastics market to analyze the trends, developments in the global market and forecast of market size up to 2032.
3. Comprehensive analysis of the companies operating in the global chemical recycling of plastics market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

Table of Contents

Chapter 1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
Chapter 2. Executive Summary
2.1. Chemical Recycling of Plastics Market Highlights
2.2. Chemical Recycling of Plastics Market Projection
2.3. Chemical Recycling of Plastics Market Regional Highlights
Chapter 3. Global Chemical Recycling of Plastics Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter's Five Forces Analysis
3.4. Growth Matrix Analysis
3.4.1. Growth Matrix Analysis by Type
3.4.2. Growth Matrix Analysis by Product
3.4.3. Growth Matrix Analysis by End-use
3.4.4. Growth Matrix Analysis by Region
3.5. Value Chain Analysis of Chemical Recycling of Plastics Market
Chapter 4. Chemical Recycling of Plastics Market Macro Indicator Analysis
Chapter 5. Company Profiles and Competitive Landscape
5.1. Competitive Landscape in the Global Chemical Recycling of Plastics Market
5.2. Companies Profiles
5.2.1. BASF SE
5.2.2. Agilyx
5.2.3. Ineos Group Limited
5.2.4. MAIRE S.p.A.
5.2.5. JEPLAN, INC.
5.2.6. Eastman Chemical Company
5.2.7. SABIC
5.2.8. LyondellBasell Industries Holdings B.V.
5.2.9. DeepTech Recycling Ltd
5.2.10. Chevron Phillips Chemical Company LLC.
Chapter 6. Global Chemical Recycling of Plastics Market by Type
6.1. Depolymerization
6.2. Dissolution
6.3. Conversion
Chapter 7. Global Chemical Recycling of Plastics Market by Product
7.1. Polyethylene (PE)
7.2. Polyethylene Terephthalate (PET)
7.3. Polypropylene (PP)
7.4. Polyvinyl Chloride (PVC)
7.5. Polystyrene (PS)
7.6. Others
Chapter 8. Global Chemical Recycling of Plastics Market by End-use
8.1. Packaging
8.2. Automotive
8.3. Building & Construction
8.4. Electrical & Electronics
8.5. Textiles
8.6. Others
Chapter 9. Global Chemical Recycling of Plastics Market by Region 2024-2032
9.1. North America
9.1.1. North America Chemical Recycling of Plastics Market by Type
9.1.2. North America Chemical Recycling of Plastics Market by Product
9.1.3. North America Chemical Recycling of Plastics Market by End-use
9.1.4. North America Chemical Recycling of Plastics Market by Country
9.1.4.1. The U.S. Chemical Recycling of Plastics Market
9.1.4.1.1. The U.S. Chemical Recycling of Plastics Market by Type
9.1.4.1.2. The U.S. Chemical Recycling of Plastics Market by Product
9.1.4.1.3. The U.S. Chemical Recycling of Plastics Market by End-use
9.1.4.2. Canada Chemical Recycling of Plastics Market
9.1.4.2.1. Canada Chemical Recycling of Plastics Market by Type
9.1.4.2.2. Canada Chemical Recycling of Plastics Market by Product
9.1.4.2.3. Canada Chemical Recycling of Plastics Market by End-use
9.1.4.3. Mexico Chemical Recycling of Plastics Market
9.1.4.3.1. Mexico Chemical Recycling of Plastics Market by Type
9.1.4.3.2. Mexico Chemical Recycling of Plastics Market by Product
9.1.4.3.3. Mexico Chemical Recycling of Plastics Market by End-use
9.2. Europe
9.2.1. Europe Chemical Recycling of Plastics Market by Type
9.2.2. Europe Chemical Recycling of Plastics Market by Product
9.2.3. Europe Chemical Recycling of Plastics Market by End-use
9.2.4. Europe Chemical Recycling of Plastics Market by Country
9.2.4.1. Germany Chemical Recycling of Plastics Market
9.2.4.1.1. Germany Chemical Recycling of Plastics Market by Type
9.2.4.1.2. Germany Chemical Recycling of Plastics Market by Product
9.2.4.1.3. Germany Chemical Recycling of Plastics Market by End-use
9.2.4.2. United Kingdom Chemical Recycling of Plastics Market
9.2.4.2.1. United Kingdom Chemical Recycling of Plastics Market by Type
9.2.4.2.2. United Kingdom Chemical Recycling of Plastics Market by Product
9.2.4.2.3. United Kingdom Chemical Recycling of Plastics Market by End-use
9.2.4.3. France Chemical Recycling of Plastics Market
9.2.4.3.1. France Chemical Recycling of Plastics Market by Type
9.2.4.3.2. France Chemical Recycling of Plastics Market by Product
9.2.4.3.3. France Chemical Recycling of Plastics Market by End-use
9.2.4.4. Rest of Europe Chemical Recycling of Plastics Market
9.2.4.4.1. Rest of Europe Chemical Recycling of Plastics Market by Type
9.2.4.4.2. Rest of Europe Chemical Recycling of Plastics Market by Product
9.2.4.4.3. Rest of Europe Chemical Recycling of Plastics Market by End-use
9.3. Asia Pacific
9.3.1. Asia Pacific Chemical Recycling of Plastics Market by Type
9.3.2. Asia Pacific Chemical Recycling of Plastics Market by Product
9.3.3. Asia Pacific Chemical Recycling of Plastics Market by End-use
9.3.4. Asia Pacific Chemical Recycling of Plastics Market by Country
9.3.4.1. China Chemical Recycling of Plastics Market
9.3.4.1.1. China Chemical Recycling of Plastics Market by Type
9.3.4.1.2. China Chemical Recycling of Plastics Market by Product
9.3.4.1.3. China Chemical Recycling of Plastics Market by End-use
9.3.4.2. Japan Chemical Recycling of Plastics Market
9.3.4.2.1. Japan Chemical Recycling of Plastics Market by Type
9.3.4.2.2. Japan Chemical Recycling of Plastics Market by Product
9.3.4.2.3. Japan Chemical Recycling of Plastics Market by End-use
9.3.4.3. India Chemical Recycling of Plastics Market
9.3.4.3.1. India Chemical Recycling of Plastics Market by Type
9.3.4.3.2. India Chemical Recycling of Plastics Market by Product
9.3.4.3.3. India Chemical Recycling of Plastics Market by End-use
9.3.4.4. Rest of Asia-Pacific Chemical Recycling of Plastics Market
9.3.4.4.1. Rest of Asia-Pacific Chemical Recycling of Plastics Market by Type
9.3.4.4.2. Rest of Asia-Pacific Chemical Recycling of Plastics Market by Product
9.3.4.4.3. Rest of Asia-Pacific Chemical Recycling of Plastics Market by End-use
9.4. RoW
9.4.1. RoW Chemical Recycling of Plastics Market by Type
9.4.2. RoW Chemical Recycling of Plastics Market by Product
9.4.3. RoW Chemical Recycling of Plastics Market by End-use
9.4.4. RoW Chemical Recycling of Plastics Market by Sub-region
9.4.4.1. Latin America Chemical Recycling of Plastics Market
9.4.4.1.1. Latin America Chemical Recycling of Plastics Market by Type
9.4.4.1.2. Latin America Chemical Recycling of Plastics Market by Product
9.4.4.1.3. Latin America Chemical Recycling of Plastics Market by End-use
9.4.4.2. Middle East Chemical Recycling of Plastics Market
9.4.4.2.1. Middle East Chemical Recycling of Plastics Market by Type
9.4.4.2.2. Middle East Chemical Recycling of Plastics Market by Product
9.4.4.2.3. Middle East Chemical Recycling of Plastics Market by End-use
9.4.4.3. Africa Chemical Recycling of Plastics Market
9.4.4.3.1. Africa Chemical Recycling of Plastics Market by Type
9.4.4.3.2. Africa Chemical Recycling of Plastics Market by Product
9.4.4.3.3. Africa Chemical Recycling of Plastics Market by End-use

Companies Mentioned

  • BASF SE
  • Agilyx
  • Ineos Group Limited
  • MAIRE S.p.A.
  • JEPLAN, INC.
  • Eastman Chemical Company
  • SABIC
  • LyondellBasell Industries Holdings B.V.
  • DeepTech Recycling Ltd
  • Chevron Phillips Chemical Company LLC.